The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...

Walmart is getting hit by tariffs, like every other business in America. But customers are still flocking to Walmart because they believe the retailer offers them the biggest bang for their buck. The ...

To be sure, the macro-environment is not as favorable to Target as many others. It’s merchandise mix is more discretionary than essential. And during a time when consumers have become more “choice-ful ...

Michael Fiddelke has spent virtually his entire career at Target.

Target shares fell about 9% on Wednesday after it reported ongoing sales and traffic declines and announced a leadership ...

The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.03. Quarterly sales of $25.21 billion (down 0.9% year over year) outpaced the ...

Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with ...

Shares of Target Corp. (NYSE:TGT) fell back to the $99 level on Wednesday, as investors were dampened by a flurry of negative developments, including a weak outlook, a change in leadership, and lower ...

MINNEAPOLIS — Despite some sequential improvement, Target Corp. posted lower top and bottom lines in the fiscal 2025 second quarter, which accompanied the news that Brian Cornell will be stepping down ...

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

Because of an unusually hot summer, parents are delaying buying new clothes, choosing to wait for fall's lower temperatures.